The attitude before and after is similar to the two people: Musk expressed his opposition to the United States to impose tariffs on Chinese electric vehicles

Days and Auto

2024-05-24 10:37Posted in Anhui automotive creators

Toru Trail:

Elon Musk, CEO of an American automaker, said in a video link at the "European Science and Technology Innovation Exhibition" held in Paris, France, that he opposes the United States to impose tariffs on Chinese electric vehicles, and said that "neither Tesla nor I have asked for these tariffs, in fact, I was surprised when they announced that it is not good to restrict the freedom of trade or distort the market."

At the same time, he also said that "Tesla's competitiveness in the Chinese market is quite strong, and I do not support the imposition of tariffs."

As an American auto brand with a relatively high reputation and market share in China's auto market, Tesla Motors is indeed as it says, it is highly competitive; However, the comprehensive strength of domestic new energy vehicles at the same level is not inferior, and the strength of some of the products is above it, Tesla's best-selling is the result of many factors, and the failure of any one of these factors will seriously affect the sales of Tesla brand in the Chinese market.

This is not difficult to predict, so it is not surprising that Musk's attitude has changed.

Review:

According to media reports such as "Wall Street Journal" and "Nikkei Asia", in January 2024, Musk said in his company's earnings call that frankly, if no trade barriers are set, Chinese car companies will "eat" most other competitors in the world.

After four months, is it not self-deception that Musk today said that "neither Tesla nor I have asked for these tariffs"? There is no doubt about it.

It's just what makes Musk's attitude like the two of them?

The U.S. tariffs on Chinese electric vehicles have been raised from 25% to 100%, and the consumption tax on Chinese electric vehicles on U.S. electric vehicles is zero. So the typical trade barriers in Musk's mouth, won't there be countermeasures?

It's 2024, and there's no way to really threaten the development of China's auto industry, the U.S. can impose tariffs on Chinese electric vehicles, and China can take countermeasures against U.S. companies, which has begun recently, but the current scope is still limited to U.S. military enterprises.

The specific countermeasures are to freeze the movable and immovable property and other types of property of 12 US companies in China, and to take measures such as not issuing visas and denying entry to the executives of the relevant companies. If the U.S. doesn't subsequently adjust tariffs on Chinese electric vehicles and other mineral tariffs, U.S. automakers may not be countered.

Epilogue:

Based on his description of the need to set up trade barriers in January 2024, it is difficult to conclude whether he and Tesla are one of the masterminds behind the politicization and instrumentalization of economic and trade issues in the United States. However, it is not difficult to predict that if Musk does not change his attitude, Tesla's sales in the Chinese market will inevitably be greatly impacted, and companies should only do what they should do, otherwise individual Korean car companies or French car companies will be a lesson from the past.

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